Singapore company Registration
The customer provides:
1. Provide the name of the company;
2. To determine the registered capital and the issuing capital of the company;
3. To provide information on shareholders and directors;
4. To provide a valid registered address in Singapore;
5. To provide a local director.
Time: about 12-15 working days for company registration
Service processes:
Submit a copy of the identity card or passport of the shareholders and directors. Please provide the name of the company in English, the signature power of attorney and the incorporation document of the Singaporean company. Registered successfully and obtained the full set of documents of the Singapore company
I. advantages of registering a Singapore company
1. Opening the door of Southeast Asia-Singapore has close ties with Southeast Asian countries, and its international status and popularity are high;
2. The tax system is simple and the tax rate is low-Singapore is one of the lowest tax countries in the world, not operating locally, only 17% of income tax;
3. Free entry and exit Singapore-registered Singapore company, can apply for a business permit at the same time, enter and leave Singapore freely, after meeting the corresponding condition, can immigrate to Singapore.
4. Free access in and out of funds, without foreign exchange controls-funds are freely available in and out from Singapore, and bank accounts can be opened in various parts of the world.
5. The tax return cycle is loose-the first tax return of a newly established company may not exceed 18 months, and thereafter once a year.
II. Characteristics of Singapore companies
1) very few name restrictions: the name of a company must be in English, but it may be added to its name in English for national, international, group, holding, industrial, investment, etc. The name of the company has nothing to do with the size and size of the registered capital.
2) the registered capital does not need to be checked, the time arrive is determined by itself: the minimum registered capital is 1 New dollar, if the registered capital is increased, there is no need to pay the nominal share capital registration fee.
3) No need to operate in the field: there is no need to hire and rent offices locally, but must provide a real and valid Singapore registration address.
4) there are basically no restrictions on the scope of business: there are basically no restrictions on the scope of business, but only two items can be operated at most, except for special industries, such as banks, securities companies, travel agencies, hospitals and so on.
5) shareholder statelessness: a person over the age of 18 may become a shareholder of a Singaporean company no matter of what nationality